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Basic Question 13 of 28

The role of the audit committee should be described in detail in the proxy statement, and include ______.

I. the members
II. the role of the committee
III. analysis of the selection process of the external auditor
IV. how the auditor is to be evaluated
V. fees paid to the auditor

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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

describe corporate governance and mechanisms to manage stakeholder relationships and mitigate associated risks

CFA® 2025 Level I Curriculum, Volume 2, Module 3.